Final answer:
The strategy to increase market share for present products in existing markets with increased marketing is Market Penetration. Social Darwinism is not one of Rockefeller's management strategies. For a web browser facing market barriers, strategies like innovation, partnerships, and focus on user experience are essential.
The correct answer is C
Step-by-step explanation:
Strategy for Increasing Market Share
The strategy that seeks to increase market share for present products or services in present markets through greater marketing efforts is known as Market Penetration (Option A). This strategy involves intensifying marketing efforts for existing products in the markets where they are already sold, with the goal of increasing sales and market share.
It does not involve changing the product or the market, but rather increasing the product's presence through strategies such as advertising, sales promotions, and price adjustments.
To answer the question related to management strategies used by John D. Rockefeller in building his empire, the strategy that does not represent one of Rockefeller's strategies is social Darwinism (Option C). Rockefeller's notable strategies in business were horizontal and vertical integration, as well as the use of the holding company model.
For a product like a web browser facing significant barriers to entry into the market, successful strategies could include creating innovative features that distinguish the product from competitors, forming partnerships with established companies, offering the product for free or at a lower price point initially.
Maintaining strong focus on user experience to build a loyal user base.
The correct answer is C